$LAYER USDT – REJECTION FROM SPIKE, CONSOLIDATION BEFORE NEXT MOVE

Friends, $LAYERUSDT printed a sharp impulsive spike after building a base, but the move was quickly met with rejection from the highs, showing aggressive profit-taking. Since then, price has cooled off and is moving sideways near the mid-zone, which usually signals consolidation rather than an immediate trend flip. The structure now suggests the market is deciding whether to continue higher or drift back into the previous range.

Trade Setup:

• Entry Range: 0.190 – 0.193

• Target 1: 0.198

• Target 2: 0.203

• Target 3: 0.210

• Stop Loss (SL): 0.184

Market Outlook:

Momentum is neutral-to-bullish as long as price holds above the recent support zone. A strong hold can lead to another upside attempt toward the spike highs, while a breakdown below support would open the door for deeper retracement. Trade patiently and manage risk.